Examples of Dealer Notes in a sentence
The aggregate amount of Dealer Notes issued to finance OEM Vehicles, as of the end of the Due Period.
The aggregate amount of Dealer Notes issued to finance OEM Vehicles, as of the end of the Due Period .
Unless otherwise instructed by an Issuer Agent or Dealer, Notes delivered under this Agreement shall be made against payment as more fully set forth in Section 4 below.
The Transferor will take all action reasonably necessary to maintain (i) the first priority perfected ownership or security interest in the Dealer Notes and the collateral granted pursuant to Sections 2.01 and 2.02 of the Applicable Pooling and Servicing Agreement and (ii) the Indenture Trustee’s first priority perfected ownership or security interest in the Collateral.
The Servicer shall not be under any obligation to appear in, prosecute or defend any legal action which is not incidental to its duties to service the Dealer Notes in accordance with this Agreement which in its reasonable opinion may involve it in any expense or liability.
The terminated Servicer shall promptly make available its electronic records relating to the Dealer Notes to the Successor Servicer in such electronic forms as the Successor Servicer may reasonably request and shall promptly make available to the Successor Servicer all other records, correspondence and documents necessary for the continued servicing of the Dealer Notes in the manner and at such times as the Successor Servicer shall reasonably request.
All amounts so allocated to Dealer Notes owned by the Master Trust or paid to the Master Trust for the removed Dealer Notes shall constitute Principal Collections and shall reduce the Removal Balance.
All amounts so allocated to Dealer Notes owned by the Issuing Entity or paid to the Issuing Entity for the removed Dealer Notes shall constitute Principal Collections and shall reduce the Removal Balance.
The primary assets of the Master Trust consist of a revolving pool of Dealer Notes arising under floor plan financing agreements between Navistar Financial Corporation and retail dealers to finance their inventories of new and used trucks, truck bodies, buses and trailers.
Except for the conveyances hereunder and the other Issuing Entity Documents, the Depositor will not sell, pledge, assign or transfer to any other person, or grant, create, incur, assume or suffer to exist any Lien on any Dealer Notes transferred to the Issuing Entity hereunder, whether existing as of the Effective Date or thereafter created, or any interest therein.